The Education Charitable Trust
The Education Charitable Trust reports no expenses for the past five years despite consistent revenue.
EIN: 204545463 · Roland, AR · NTEE: T99 · Updated: 2026-03-28
Is The Education Charitable Trust Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Education Charitable Trust
The Education Charitable Trust (EIN: 204545463) is a nonprofit organization based in Roland, AR, classified under NTEE code T99. The organization reported total revenue of $608 and total assets of $27K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Education Charitable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Education Charitable Trust is a micro nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $568 |
| Total Expenses | $0 |
| Surplus / Deficit | +$568 |
| Total Assets | $26K |
| Total Liabilities | $1 |
| Net Assets | $26K |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 0.0% |
Financial Health Grade: A
In 2023, The Education Charitable Trust reported a surplus of $568 with revenue exceeding expenses, has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.6% | — | +2.2% |
| 2022 | +7.8% | — | +2.1% |
| 2021 | +7.1% | — | +2.0% |
| 2020 | -15.8% | — | +1.9% |
| 2019 | -45.4% | -100.0% | -16.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Education Charitable Trust with a Mission Score of 10 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, The Education Charitable Trust allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, indicating no salaries or benefits are paid to executives, which is appropriate given the organization's minimal financial activity.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of The Education Charitable Trust's IRS 990 filings:
- Consistent reporting of $0 expenses for five consecutive years (2019-2023) despite receiving revenue.
- Lack of clarity on how the organization is fulfilling its mission without any reported program spending.
- Significant decrease in operational activity compared to 2012, with no explanation in public filings.
Strengths
The following positive indicators were identified for The Education Charitable Trust:
- No reported executive compensation, indicating efficient use of any funds not spent on programs.
- Consistent positive asset growth, from $24,126 in 2019 to $26,155 in 2023, indicating financial stability in terms of asset retention.
Frequently Asked Questions about The Education Charitable Trust
Is The Education Charitable Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, The Education Charitable Trust (EIN: 204545463) significant concerns. Mission Score: 10/100. 3 red flags identified, 2 strengths noted.
How does The Education Charitable Trust spend its money?
Detailed spending breakdown data is not yet available for The Education Charitable Trust. Check back for updated IRS 990 analysis.
Are donations to The Education Charitable Trust tax-deductible?
The Education Charitable Trust is registered as a tax-exempt nonprofit (EIN: 204545463). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why has The Education Charitable Trust reported $0 in expenses for the past five years (2019-2023)?
The IRS 990 filings from 2019 through 2023 consistently show $0 in reported expenses, despite revenues ranging from $453 to $568. This suggests either a dormant status, that expenses are being covered by an unrecorded source, or that the organization is primarily accumulating assets without active program delivery.
How is The Education Charitable Trust fulfilling its charitable mission without any reported expenses?
With $0 reported expenses for the last five years, it is unclear how the organization is actively engaging in charitable activities or fulfilling its mission. The filings do not provide details on any non-financial program delivery or how its accumulated assets are being used for its stated purpose.
What happened to the higher level of activity seen in 2012, where expenses were $250,000?
The 2012 filing shows significant activity with $249,945 in revenue and $250,000 in expenses. This level of operation has not been sustained, and subsequent filings show a drastic reduction in both revenue and, particularly, expenses, indicating a significant shift in the organization's operational scope or status.
Filing History
IRS 990 filing history for The Education Charitable Trust showing financial trends over 10 years of public records:
Total assets increased by 18.4% over the same period, from $22K to $26K. The organization holds $1 in liabilities against $26K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $26K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $568 | $0 | $26K | $1 | — | — |
| 2022 | $523 | $0 | $26K | $1 | — | — |
| 2021 | $485 | $0 | $25K | $1 | — | — |
| 2020 | $453 | $0 | $25K | $1 | — | View 990 |
| 2019 | $538 | $0 | $24K | $0 | — | View 990 |
| 2015 | $985 | $36 | $29K | $0 | — | View 990 |
| 2014 | $3K | $30 | $28K | $0 | — | View 990 |
| 2013 | $3K | $0 | $25K | $0 | — | View 990 |
| 2012 | $250K | $250K | $22K | $0 | — | View 990 |
| 2011 | $-120 | $0 | $22K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $568, expenses of $0, and assets of $26K (revenue +8.6% year-over-year).
- 2022: Revenue of $523, expenses of $0, and assets of $26K (revenue +7.8% year-over-year).
- 2021: Revenue of $485, expenses of $0, and assets of $25K (revenue +7.1% year-over-year).
- 2020: Revenue of $453, expenses of $0, and assets of $25K (revenue -15.8% year-over-year).
- 2019: Revenue of $538, expenses of $0, and assets of $24K (revenue -45.4% year-over-year).
- 2015: Revenue of $985, expenses of $36, and assets of $29K (revenue -61.0% year-over-year).
- 2014: Revenue of $3K, expenses of $30, and assets of $28K (revenue -22.9% year-over-year).
- 2013: Revenue of $3K, expenses of $0, and assets of $25K (revenue -98.7% year-over-year).
- 2012: Revenue of $250K, expenses of $250K, and assets of $22K.
- 2011: Revenue of $-120, expenses of $0, and assets of $22K.
Data Sources and Methodology
This transparency report for The Education Charitable Trust is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.